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Perpetual Limited (ASX:PPT)

ALERT: Price-sensitive ASX Announcement for PPT
Current share price for PPT : $19.120 -3.02 (-13.64%)+
Announcement
Release
28 Aug 2025 9:07AM
Price at Release
$22.140
Full Release
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Summary
Perpetual Limited's FY25 Results Presentation highlights the company's financial performance and strategic initiatives. Despite a net loss after tax of $58.2 million due to significant items, underlying profit after tax was $204.1 million. The year saw a 3% increase in operating revenue driven by growth in assets under management (AUM) and funds under administration (FUA). Significant items included a $134.6 million impairment related to the J O Hambro boutique. The company declared total dividends of 115.0 cents per share, within their target payout range. Perpetual's strategy focuses on simplifying operations, enhancing client engagement, and investing for growth, with plans to explore outsourcing opportunities and potentially sell its Wealth Management division. The company aims to strengthen its balance sheet and align business segments with financial targets. Asset Management saw positive market movements and increased performance fees, while Corporate Trust experienced a record year for securitisation volumes.
Key Points
  • Net loss after tax of $58.2 million due to significant items.
  • Underlying profit after tax of $204.1 million.
  • Operating revenue increased by 3% to $1,373.0 million.
  • Impairment of $134.6 million related to J O Hambro boutique.
  • Total dividends of 115.0 cents per share declared.
  • Focus on simplifying operations and enhancing client engagement.
  • Potential sale of Wealth Management and outsourcing opportunities.
  • Asset Management benefitted from positive market movements and increased fees.
  • Record year for Corporate Trust securitisation volumes.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.